B+G Foods: Reports Q4-2022 Financial Results

Parsippany / NJ. (bgs) B+G Foods Inc. announced financial results financial results for the fourth quarter and full year 2022. Commenting on the results, Casey Keller, President and CEO, stated, «B+G Foods’ fourth quarter results and performance demonstrated strong recovery, reflecting the catch up of cumulative pricing actions against inflationary cost, a moderating inflationary environment, and the recovery of our higher margin spices + seasonings business. Net sales grew 9 percent in the fourth quarter behind pricing implementation and supply recovery, with margins improving versus the fourth quarter of last year. We expect to continue year over year margin recovery into fiscal 2023,» CEO Casey Keller said in his statement. For additional information please read the Company’s PDF file below (88 KB):